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HomeMy WebLinkAbout2014-1006 Study Session PACKET CITY OF ASHLAND CITY COUNCIL STUDY SESSION AGENDA Monday, October 6, 2014 Siskiyou Room, 51 Winburn Way 5: 30 p.m. Study Session 1. Public Input (15 minutes maximum) 2. Look Ahead review 3. AFN Business Plan Presentation and Discussion Immediately following the Study Session the City Council will hold an Executive Session for labor negotiation, pursuant to ORS 192.660(2)(d). In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Administrator's office at (541) 488-6002 (TTY phone number 1-800-735- 2900). Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting (28 CFR 35.102-35.104 ADA Title 1). COUNCIL MEETINGS ARE BROADCAST LIVE ON CHANNEL 9. STARTING APRIL 15, 2014, CHARTER CABLE WILL BROADCAST MEETINGS ON CHANNEL 180 OR 181. VISIT THE CITY OF ASHLAND'S WEB SITE AT WWW.ASHLAND.OR.US City of Ashland Council Meeting Look Ahead *****THIS IS A DRAFT AND SUBJECT TO CHANGE***** 10120 Stud Session in Siski ou Room 10/20 1 Discussion regarding Bee City, USA proposal Dave K. Admin SS 2 Discussion regarding self insurance Tina/Dave K. HR Admin SS 10/21 Regular Council Meeting 10/21 3 Annual presentation from the Public Art Commission Ann Admin PRES 4 Presentation on TAP Mike PW PRES 5 Presentation on Code Compliance Bill CD PRES 6 A roval of application fora public art rant Ann Admin CONS 7 Review and approval of Downtown Projects RFPs Scott PW NEW 8 Recommendation from Tree Commission for replacement of tree CD NEW on Plaza Bill 9 Approval of a resolution for the winter shelter Dave Admin NEW 10 Supplemental Budget Lee Finance NEW 11 Recycle Center ad hoc Committee recommendations to Council Admin NEW Adam 12 Deer education proposal Dave Admin NEW 13 Resolution regarding disinvestment Barbara Recorder RES 11/3 Stud Session in Siski ou RooM 11/3 14 Communications evaluation Ann Admin SS 15 Discussion of Black Swan Dave Admin SS 11/4 Regular Council Meeting 1114 16 CAFR Lee Finance NEW 11/17 Stud Session in Siski ou Room 11/17 17 Discussion of workforce proposal Adam Admin SS 18 Draft Social Services Strategic Plan Bill CD SS 11/18 Regular Council Meeting 11/18 19 Annual presentation by Housing and Human Services CD PRES Commission Bill 12/1 Stud Session/ in Siski ou Room 12/1 20 Discussion of OLCC liquor license renewals (Terry/Barbara) Police Recorder SS 21 Discussion of plaza master tannin Dave Admin SS 12/2 Regular Council Meeting 12/2 12/15 Stud Session in Siski ou Room 12/15 22 Approval of final Social Services Strategic Plan Bill CD NEW 12/16 Regular Council Meeting 12/16 23 Annual presentation b the Planning Commission Bill CD PRES 24 Annual appointment of Budget Committee and Audit Committee Recorder NEW members (Barbara) I 1/5 Stud Session in Siski' ou Room 1/5 25 Discussion of pavement management strategy Mike PW SS 1/6 Regular Council Meeting 1/6 Page 1 of 2 10/1/2014 City of Ashland Council Meeting Look Ahead *****THIS IS A DRAFT AND SUBJECT TO CHANGE***** 9 19 Stud Session in Siski ou Room 1119 1120 Regular Council Meeting 1/20 Commission Presentation Dates - 2014 February 18 - Transportation Commission March 18 - Tree Commission April 15 - Historic Commission May 20 - FireWise Commission June 3 - Band Board July 15 - Forest Lands Commission August 19 - Conservation Commission September 16 - Airport Commission October 21 - Public Arts Commission November 18 - Housing and Human Services Commission December 16 - Planning Commission "Resolution declaring fountain surplus property Page 2 of 2 10/1/2014 CITY OF ASHLAND Council Communication October 6, 2014, Study Session AFN Business Plan Presentation and Discussion FROM: Mark Holden, Director of Electric Utilities and Information Technology, holdenmkashland.or.us SUMMARY The Ashland Fiber Network Strategic Business Plan is presented for discussion. The plan provides for AFN's long term direction and strategy. The plan was completed at the request of the City Administrator. AFN has struggled to create net revenue almost since its inception. That's largely because of the debt that was incurred in order to build the system. Funds that would otherwise be spent on system and service improvements instead are spent on debt service. In addition, AFN had no competition when it was first launched and now operates in a highly competitive environment against multi-billion dollar corporate conglomerates. The business plan lays out in stark terms, the history, strengths, weaknesses and opportunities for AFN, along with the alternative paths the City can pursue with regard to AFN's future. BACKGROUND AND POLICY IMPLICATIONS: The Ashland Fiber Network Strategic Business Plan (Plan) determines the direction, priorities and long term viability of AFN. Detailed tactical plans, project plans and budgets will be guided and developed as a result of implementing the strategic plan. AFN is at a crossroads. Within the Plan, two alternative directions are presented. The first alternative provides for the development of a new family of products based on optical fiber technology. The second alternative does not include new products. Both alternatives suggest a new approach to the market and a need for cost reductions. The cost reductions or other funding measures are needed in order to fund the activities envisioned in the strategic plan. The plan is a strategic document. After the presentation and the solicitation of feedback from the Council, Staff will work to develop the necessary operational tactics. As part of the Strategic Plan, two strategic projects are identified. • FY2016: Increasing internet bandwidth - required to maintain/improve the current performance of the network (key to customer satisfaction) and provide for additional new customers • FY2017: Development of a new fiber based service - provides advanced services and a new revenue stream Page I of 2 ~r, CITY OF ASHLAND FISCAL IMPLICATIONS: Fiscal implications include a proposal for adjusting internal charges, a capital expense of $250,000 in fiscal year 2016, and $250,000 capital expense in FY2017. Both investments are in the next biennium and will be brought forward through the budgeting process. STAFF RECOMMENDATION AND REQUESTED ACTION: Staff is soliciting input and discussion in a Study Session environment. SUGGESTED MOTION: N/A. This item is for discussion only. ATTACHMENTS: Ashland Fiber Network Strategic Business Plan, August 2014 Page 2 of 2 ~r, Ashland Fiber Network Strategic Business Plan August 2014 How Ashland Connects City Of Ashland Information Technology Department, Telecommunications Division 90 North Mountain Ashland, OR 97520 Telephone: 541-552-2222 Fax: 541-552-2436 • Ensure long term fiscal viability o Grow customer market share o Reduce bandwidth and internal expenses o Successfully deploy services • Re-establish technological innovation leadership o Deploy Google City Fiber-like enterprise services to local businesses o Design, engineer, and implement a physically diverse bandwidth path to a Tier 1 point- of-presence" o Deploy competitive and reliable cable modem services to residents and small businesses • Maximize the community value of the network through the continued evolution of the infrastructure o Enable new technologies o Maintain service standards o Provide community access when possible Paae 6 of 43 Printari- (19/9R/9(114 Business Operating in a competitive telecommunications environment, AFN is a "last mile""' supplier of telecommunication services to the residential, commercial, governmental/educational, healthcare and alternative telecommunications provider (Internet Service Provider and Competitive Local Exchange Carrier - ISP/CLEC) market segments. AFN operates in and around the City of Ashland. Since 2001, AFN has developed and maintained a hybrid fiber coaxial network. The network enables AFN to serve the market with both the active and passive services required: TV programming (partner), Ethernet circuits, internet, dark fiber, collocation, and telephony (partners). Market AFN's target market is the telecommunications users in and around the City of Ashland. The telecommunications market consists of five market segments: residential, commercial/industrial, government/educational, healthcare and alternative telecommunication providers (ISP/CLEC). While based on similar technologies, the commercial/industrial, health care, and ISP/CLEC market segments require or value customized features. The largest market segment is residential. The residential market is a commodity market. Industry The telecommunications industry has both mature commoditized components as well as high growth components. While fixed rate services such as TV and telephony are mature and have become commodities, other services such as internet, Ethernet and collocation continue to expand in both purpose and volume of use. The industry is driven by new and growing technologies. The influence of these technologies has opened the need for networks capable of supporting such technologies as Cloud Services` IPTV/OTT" and Information and Communications Technology (ICT"'). These technologies continue to pressure existing networks for both performance and reliability. AFN is focused on the delivery of the current and emerging technologies. There are three broad access and delivery technologies - wireless, metallic cable and fiber optic cable. Wireless continues to grow as the number of wireless devices is expected to surpass wired devices in 2016. The growth in wireless is dominated by cellular technology. Metallic cable represents the largest installed telecommunications technology. Metallic cable ranges from plain old telephone system (POTS) twisted pair to coaxial cable. Both technologies continue to move forward in bandwidth capacity. Fiber optic cable currently provides the backbone (backhaul) capacity for the other technologies. As costs have come down and bandwidth demand continues to go up, fiber is the future proof technology in telecommunications (backhaul, middle mile and last mile). AFN expects these broad trends to continue. History Vil Ashland was a first mover in bringing telecommunications services to the City of Ashland (internet). The City of Ashland's Electric Department developed its proposal for creating Ashland Fiber Network in the late-1990s. The proposal responded to the regulatory, market, and public environments of the period. Communications technology and everything internet were growing exponentially, stock markets were at historically high levels, capital markets were flush with low- interest money, the Federal government prioritized competitive telecommunications services through the Federal Telecommunications Act of 1996, and the deregulation of energy markets created an Page 7 of 43 Printed: 09/26/2014 unknown future for public electric utility providers. Ashland Electric Department saw the creation of AFN as an opportunity for the City to create a telecommunications utility to meet demand for communications services in Ashland and diversify/strengthen the City's electric business. Ashland's City Council approved the Electric Department's plan to build a fiber optic communications ring in February 1997 and the City's AFN Implementation Team was formed. The AFN business plan was presented by the Electric Department to Ashland's City Council in late-1998 and was approved by Council. That plan intended for Ashland Fiber Network to be self-supporting through revenues, with initial construction debt repaid by operating revenues within a ten-year period. The AFN project experienced financial problems quickly after launch. Construction costs far exceeded estimates and the envisioned system build out was curtailed. Charter Communications purchased TO and rebuilt the TO network in Ashland creating a strong competitive alternative. Active price competition ensued. The telecommunications utility failed to generate positive net revenues as planned. A pivotal moment for Ashland Fiber Network came in 2004, when the City of Ashland determined that AFN would not be able to pay its business and intra-fund loans. Bonds for 15.5 million dollars were issued to consolidate AFN-related debt and to provide a measure of financial stability. AFN continued to struggle to define its business and identity over the ensuing years. Multiple directors (five in seven years) brought their strategy, focus, and organizational structure to bear in an attempt to make AFN viable. Activities included investing in unsuccessful services, contracting out the operation of AFN's cable TV business, separating AFN from Ashland's Electric Department, blending mutually beneficial resources between AFN and the City Computer Services Division and refocusing AFN on providing Ethernet and internet services. The lack of consistent, successful, long-term direction created brand issues and market confusion providing the competition with the momentum to gain market share. The events led to worsening financial performance by the division. In FY2013 - FY2014 AFN reinvested in technologies to bring the AFN cable network back to a state of competitive technology. This effort allowed AFN to provide services on par with the competition. In FY2013 technologies were added to increase both reliability and performance capacity for the network. In FY2014 an engineering review of the network and follow-on projects further increased reliability. In FY2014 new node groups were created and all groups were rebalanced to provide better reliability, better response and improved services. Moving forward, lacking significant change in how AFN addresses the market and competition, AFN will continue to ebb downward. In addition, lacking investment in successful new services, AFN will not survive the inevitable evolution from metallic cable based services to fiber based services. Core Competencies/Strengths AFN has the experience, infrastructure and service mix to provide and compete for the telecommunications services needed within Ashland. Customer service (local, friendly, and competent) combined with citizen penchant for community centric economics (recycling local Page 8 of 43 Printed: 09/26/2014 dollars within the community) strengthen AFN's position vis-a-vis the competition. Additionally, the existing infrastructure represents a barrier to entry for any new competitors. Challenges AFN has been inconsistent and unsuccessful in new service development. AFN must design new services not only to meet the needs of the customers but to take momentum away from the competition. AFN's confusing service offerings together with confusion caused by the distribution channel has produced a vague and confused image which, when coupled with constrained marketing efforts, has led to market share loss. AFN must become the company that is known by its solutions and ease of doing business. Investment is needed to lower variable product costs (internet) and significantly increase the competitiveness of the internet product set. Additional investment in a targeted fiber based roll-out will provide a service not available from the competition. The targeted investment will put AFN in a product leadership position. The fiber services investment will provide Ashland businesses with the reliability required to leverage Cloud Services and the World Wide Web. AFN is at a crossroads; shall AFN continue as a shadow provider or become an active competitor of Charter Communications/Comcast? AFN must pick an identity, a mode of operation. AFN must then be empowered to pursue the strategies and tactics necessary to gain success. AFN can be a successful competitor in its traditional residential market if cost structures and distribution channels are improved. AFN can serve emerging demand with new fiber based products if capital hurdles can be overcome. AFN can become a self-sustaining City enterprise if fixed costs are reduced to free up future investment capital. Risk exists. If competition should decide to build fiber to compete with AFN, it is unlikely AFN could compete on a citywide scale. While this would lead to decreased revenues for AFN, it would accomplish the goal of having a fiber network in Ashland to enhance connectivity and enable economic growth. The Long Term AFN has a narrowing opportunity to be a provider of key telecommunication services to the Ashland Community. AFN has the opportunity to see growth beginning in FY2017. The growth requires capital investment and an agile, competitive AFN. To compete, AFN must operate as an efficient telecommunications provider focusing on services and revenue. AFN must change its focus from products to markets and provide solutions to the targeted market segments: residential, commercial/industrial, government/educational, health care and ISP/CLEC. If focused on services and the needs of these markets, AFN can be successful. Page 9 of 43 Printed: 09/26/2014 Competitive Disadvantages AFN has these competitive disadvantages: • Product Cost Structure: AFN's cost of internet service is currently significantly higher than our competitors. The cost structure makes it difficult to compete with a national carrier on a price basis (service and promotions). • High Fixed Costs: Fixed costs of labor, central service allocations and debt service account for a significant portion of operating costs. • Distribution channels/Market confusion: Some agency issues with channel products and services. Confusion with end customers over who is the provider and who is responsible for support. No clear service or customer care brand. • Competitor: Competitor is well-funded, has national (international) buying power and has active and aggressive marketing campaigns. • Government Transparency: The strategies, plans and outcomes of AFN are in the public domain. The strategies and plans are laid bare to the competitor who then has perfect knowledge and can plan and implement counter strategies to ensure their competitive success. Pricing Pricing for the residential, small commercial, small industrial and small health care is set primarily by the competitive market. While the products serving these market segments are commodities, differentiation is possible thru good customer service. Pricing for larger commercial, industrial and health care segments are a combination of market and the customer's value proposition. Pricing for government and education market segments is set through a standardized bidding process. The price point is usually close to the cost of providing services. AFN operates in a competitive market. AFN must set its pricing appropriately; high enough to cover expenses and fund capital investment and low enough to garner sales. Marketing Plan Economics "The telecommunications industry is in a state of continuous technological and economic flux driven by intense competition and new technologies""." The development of new Information Technologies such as Cloud Services, video services (IPTV, OTT), Information and Communications Technology (ICT) and social communication services (Facebook, Twitter, etc.), is quickly increasing the demand for telecommunication services. The expanding use of telecommunications services also requires higher performance and reliability levels from the telecommunications layer in order to deliver the new technologies. Government, large businesses and large health care providers have recognized the value of these services and have moved to gain their benefit. The small and middle tiers of these markets are now beginning to see the justification for their use. The enabling piece is connectivity. The key to the connectivity is performance and reliability. To be successful AFN needs to ensure the network is Page 15 of 43 Printed: 09/26/2014 positioned to meet these requirements. AFN's cost structure (variable and fixed) must be addressed in order for AFN to continue to enhance the performance of the network. In addition, AFN should increase reliability by investing in fiber based last mile technologies. The Telecommunications industry is highly competitive. The Ashland market is dominated by Charter Communications, a national Multi-System Operator (MSO). Charter has a better cost structure due to buying power and bankruptcy reorganization in 2009. Charter is anticipated to swap the Ashland market with Comcast. Comcast is also a national MSO. Comcast also benefits from its buying power. Comcast is consistently ranked below average on customer satisfaction and actively works to abolish net neutrality. Both these positions provide a good contrast to the AFN customer care reputation. AFN services the Ashland telecommunications market. The Ashland Telecommunications Market value is estimated to be 6.5 million dollars. The following chart presents the relative position of AFN in the market in total and for each of the identified market segments. AFN numbers include services provided to ISPs. Figure 1 - AFN Market Share vs. Market Size AFN Market Share vs. Market Size 7 6 C O 5 4 3 ■ AFN Share 2 s Market Size 1 0 Residential Corn/Indus Gov/Educ Health Collo Total ■AFN Share 1,172,513 305,325 179,712 172,800 6,000 1,836,350 ■ Market Size 3,908,376 2,035,500 187,200 216,000 150,000 6,497,076 Data: 06/30/2014 Page 16 of 43 Printed: 09/26/2014 The relative market share for the market participants is presented in the pie chart below. AFN has approximately twenty-eight percent of the Ashland telecommunications market. AFN numbers include services provided to ISPs. Figure 2 - Market Share of Market Participants (Revenue Market Share Charter 62% ■ AFN C ntryLnl< ■ Charter Other ■ CenturyLink 10% 7% ■ Other - Rgnal AFN ■ Other - Sttwid 28% Data: 06/30/2014 The share of each market served by the active market participants is presented in the chart below. AFN numbers include services provided to ISPs. Competitive Position in Market 7 6 N 0 5 4 ■ Residential 3 2 ■ Corn/Indus 1 Gov/Educ 0 ■ Health ■ C0110 Le ~~r Office Data: 06/30/2014 Page 17 of 43 Printed: 09/26/2014 Demand The chart below illustrates the utilization of various internet access technologies for the past five years. The demand for both wired and wireless internet connectivity continues to grow. The City of Ashland's utilization is expected to follow national trends. Significantly, AFN provides two of the three fast growing connection technologies (cable modem, fiber) and has the potential for a leadership position in fiber. Table 1- Trends in Connectiviryx ii At Least 3Mbps Downstream and 768Mbps Upstream by Technology (thousands) 2009 2010 2011 2012 2013 Technology Jun Jun Jun Jun Jun aDSL 5,614 6,275 8,909 12,875 16,029 sDSL 9 13 16 30 34 Other Wireline 129 177 204 239 289 Cable Modem 23,958 30,616 34,113 37,798 46,014 Fiber 3,333 4,192 5,188 6,001 6,989 Satellite - - 1 87 791 Fixed Wireless 64 92 145 214 337 Mobile Wireless 224 4,188 16,242 43 025 93,247 Total 33,331 45,553 64,818 100,269 163,730 Table 2 - Bandwidth Growth (Fiscal Year End) Year Bandwidth (Mbps) AFN's demand for internet services continues to grow. The chart at 2006 100 left shows the bandwidth growth over successive four year periods. 2010 300 Demand is expected to grow three fold over the next four years. 2014 1500 2018 4500 Trends The Telecommunications Industry continues to change. The emergence of fast, reliable cellular services has led to the decline of the triple play with cellular supplanting home based VoIPx' The emergence of new technologies, IPTV/OOT coupled with smart TVs (and standalone devices) is pressuring traditional video (broadcast and cable) providers. The "internet of everything" is demanding high performance and high reliability form consumers. The telecommunication industry is moving quickly to IP based services. IP services continue to grow, broadband subscriptions grew one percentx° in 2013, and traditional cable customers shrank by two percentx°i In the same timeframe, for the first time ever, total broadband subscriptions outnumbered total cable subscriptions. The direction for technologies, customers and telecommunications is to IP (internet) based services. Page 18 of 43 Printed: 09/26/2014 AFN has the potential for growth in the commercial/industrial, health care market segments and slow growth in the residential market segment. The commercial/industrial and health care market segments will require the introduction of an affordable fiber solution. The addition of a lower cost fiber based service allows these customers to move up to a faster, better performing and more reliable product set. Barriers to Entry The high capital cost to construct a fiber and coaxial plant makes AFN's investment in telecommunications infrastructure (twenty five miles of fiber, one hundred nineteen miles of coaxial cable) a significant barrier of entry for any new competitors. The existing competitor is believed to have less fiber and an equivalent amount of coaxial cable in the area, though the exact amount is not known. External Factors Technology: Cloud technology is shaping demand for fast and reliable internet connectivity. The rapid adoption of Cloud (and Software/Platform/Infrastructure/ "as a service") model of Information Technology provides opportunities. The growing push to replace coaxial with fiber represents a significant risk if AFN does not begin to similar evolution. While coaxial and wireless (esp. cellular) continue to move forward in capabilities, fiber continues to provide the most robust, future proof technology. The commercialization of Passive Optical Networking (PON) makes it possible to serve small commercial/industrial/medical customers economically with fiber services. An example of the growth in this technology is Google Fiber. Regulation: While not actively being pursued in Oregon, MSOs have pursued legislation in other states to prohibit or curtail municipal telecommunication networks. If Oregon were to pass such legislation, AFNs future prospects could be reduced or extinguished. Economy: Economic swings affect expansion of services, but have little effect on the contraction of services. During times of economic distress residential customers look to internet connectivity for entertainment while commercial, industrial and healthcare look for additional efficiencies through internet use. During growth periods demand for internet grows, during economic downturns the demand for internet access does not significantly shrink. Industry: The industry continues to experience consolidation (Comcast/Time Warner). The benefits of scale provide significant leverage for cost reductions (internet, programming, operations). AFN does not enjoy the same scale of cost savings. Page 19 of 43 Printed: 09/26/2014 regulatory approval. While Comcast has not shown a disposition to put fiber infrastructure into communities the size of Ashland, if Comcast does build fiber infrastructure in Ashland, Comcast would be a formidable competitor. Competitive Analysis Table 3 - Competitive Analysis - AFN Internal Analysis of Strengths and Weaknesses, Competitive Comparison Factor AFN Strength Weakness Charter Centuryl-ink Importance' Products Good Good Poor 1 Performance Average Average Average 1-2 Reliability Average Average Average 1-2 Quality Good Good Good 1-2 Price Moderate Low High 2-4 Service Good Poor Poor 1-4 Selection Good Average Poor 1-2 Stability Average Good Good 1-2 Expertise Average Average Average 1 Reputation Below Average Poor Below Average 1-3 Location Poor Non-Existent Non-existent 4 Sales Poor Good Poor 1-4 method Advertising Poor Average Average 2-5 Image Average Below Averag Unknown 2 Charter is the active competitor in Ashland. Charter is often first to market and has consistently demonstrated aggressive promotion and pricing. The pending territory swap presents a window of opportunity while Charter pauses for merger activity and Comcast focuses on operational integration. t 1= critical; 5 = not very important Page 23 of 43 Printed: 09/26/2014 AFN will continue to improve the performance and reliability of the services and work the performance, reliability and price attributes into strengths. The combination of competitor distraction, products, performance, reliability, and customer service present an opportunity to gain market share. Niche AFN provides telecommunication connectivity to residents and businesses of Ashland. Connectivity is provided via the delivery of Ethernet and internet services. The services are provided via cable, fiber and wireless technologies. Marketing Strategy AFN provides services for customer telecommunication connectivity. AFN competes with the incumbent national service provider using similar technologies; however, AFN's services are targeted at the need of the local market segments. Differentiation is accomplished through service unique attributes, customer service, performance, reliability, and a "support local" preference within the community. AFN will market to the incumbent provider customer base to gain market share. AFN will focus on the commercial/industrial and health care segments. The new fiber based services will be trialed in the current AFN customer base and then offered to the ISPs and marketed to the incumbent's customer base. AFN will continue to use direct and wholesale channel distribution (ISPs) to sell to and support the customer base. For AFN direct customers, AFN provides all customer facing activities and maintains the delivery of services to the end customer. For ISP customers, the ISP provides all customer facing activities and AFN maintains the delivery of services to the end customer. Promotion: AFN will use direct marketing, mail and email lists to contact and market to the incumbent's customer base. Participation at local events will be trialed for effectiveness. Depending on size and projected service usage, businesses may be contacted directly. While pricing is not generally used for promotion, pricing may be used to overcome customer resistance to switching (switching costs). AFN will explore ways to participate with ISPs in promotions. Advertising: To this point advertising has been limited and brand oriented. Regular advertising will be tracked and audited to determine where and how often service advertisements will be used. The effectiveness will be monitored. Promotional Budget: AFN's current promotional budget is twenty-six thousand dollars. The majority of the budget goes to image advertising. The budget will be increased to approximately forty thousand dollars to support service oriented sales initiatives (gaining market share from incumbent). Page 24 of 43 Printed: 09/26/2014 Pricing: Pricing for the largest segment (AFN direct and ISP residential customers) is set by the competitive environment. The price elasticity is high (higher price lower demand). Service performance, reliability, and customer care can be effective in customer retention. Pricing for other market segments is value based. Distribution (Placement) AFN utilizes two sales channels to reach customers: Retail sales (aka AFN Direct): AFN is the owner of the customer and responsible for all facets of the sales, installation, support, and administrative (i.e. billing) functions. AFN retail also promotes the other distribution channel (ISPs), and allows the customer to choose with whom they wish to do business. AFN must become the company that is known by its solutions and ease of doing business. AFN will clear impediments and provide a distribution system where the customer can make AFN the easy choice for the services they need. AFN must be easier to do business with than the competition. AFN should reinstitute a point of sale at the initial point of contact in City Hall. AFN should work to understand and eliminate the logistical and procedural barriers in order to make AFN a welcomed conversation in customer interaction. In order to provide for additional customer convenience, the web based self-registration should be reinstated. Internet Service Providers (ISP): The ISPs are independent third parties who have agreements for the purchase and resale of AFN services. AFN contracts with five ISPs. AFN provides delivery and services to the ISP at a discounted rate. The ISP is responsible for acquiring, supporting and billing the customer. Two of the ISPs are located in Ashland. One of the ISPs has a store front in Ashland. Three of the ISPs provide customer support with in-house staff, two of the ISPs use a third party customer support service. Three of the ISPs sell competitor's products. AFN serves a broad spectrum of customers. Internet Service Providers (ISP) are the largest customer group. ISPs act as a distribution channel for the resale to the residential, commercial/industrial, and health care market segments. AFN also addresses these market segments. Both AFN and ISPs need to focus their efforts on success against the competition. The ISP group provides value added services (TV, phone) and many sell competing internet and Ethernet products from Charter and CenturyLink. Page 25 of 43 Printed: 09/26/2014 The chart below shows the customer counts and five year change for each of the ISPs and AFN. Table 4 - Customer Counts by ISP Customer Counts - Five Year History July 1, 2010 July 1, 2011 July 1, 2012 July 1, 2013 July 1, 2014 5 Yr Delta# Ashland Home Network 2,159 2,938 2,768 2,596 2,514 (424) AFN 107 176 316 453 520 413 Jeffnet 723 643 584 515 459 (264) Computer Country 252 254 249 212 208 (44) Infostructure 957 220 204 186 182 (38) Hunter 2 4 3 6 9 7 4,200 4,235 4,124 3,968 3,892 (350) Notes: Ashland Home Network acquired approx. seven hundred Infostructure customers #Ashland Home Network and Infrostructure are 4 year delta The AFN direct sales have proven effective in making significant gains (up three-hundred eighty-six percent in five years). The ISP channel has been challenged. With the exception of Hunter the ISPs have lost seven- hundred seventy customers during the five year period. The causes are likely: a) competition for cable TV (channel selection and features), b) services (performance) late to market, and c) limited marketing efforts and the representation of alternative services. AFN's direct efforts have proven effective; this channel should be allowed to freely compete against the larger incumbent. The message delivered to potential customers must be clear and unambiguous. AFN is the Ethernet and internet alternative to the competition. Where there is a mutual advantage for AFN to support the ISPs efforts, AFN and the ISP will leverage our relationship. However, AFN can no longer stand in the background but rather must openly and actively drive to gain market share against the larger incumbent. Page 26 of 43 Printed: 09/26/2014 Sales Forecast Fiber Service to the Premise (new) Fiber to the premise (FTTx) is a natural and anticipated extension of the AFN network. The AFN network has a core fiber network (twenty-five miles) serving the City. Historically only the customers with the budgets to construct and pay for dedicated fiber connections have been able to take direct advantage of AFN's fiber network. New (to Ashland) technology now makes fiber affordable to the small/medium business/enterprise. The project brings fiber from the ring to the customer premise. The initial area targeted for installation is a commercial area currently being served by AFN. Existing customers have expressed a need for the features fiber can provide - high performance and high reliability. The underlying technology for this proposal is Passive Optical Networking (PON). AFN has a real opportunity. The need and demand are there. The technology and supporting technologies are there. Additionally, a confluence of factors may distract the competition and provide AFN the opportunity to develop unmatched services and capture market share. Delaying the project will likely close the opportunity vis-a-vis the competition. This project is contingent upon meeting key assumptions. Without meeting or mitigating these assumptions the project should not go forward. The assumptions are outlined in the following tables. Page 27 of 43 Printed: 09/26/2014 Revenue Outcomes are dependent upon the assumptions noted below and in following forecast Revenue and Expenses Tables. The assumptions for Revenue/Sales are: • The new service revenues begin in FY2017 (September 2016) • Revenues ramp up slowly over an eighteen month period to reach a maximum of sixty-five connections. It is reasonable to expect the number of connections to keep growing, but for purposes of conservatism, the numbers are held to these levels. The first twelve months sales projections for the new fiber based services (Quantum 50 and 100) are shown in the table below. These numbers are conservative, minimum expected sales. Twelve Month Sales Forecast - Quantum Service 6/16 7/16 8/16 9/16 10/16 11/16 12/16 1/17 2/17 3/17 4/17 5/17 Total Quantum 50 1 6 9 11 13 18 25 28 33 144 Sale Price/unit 85 85 85 85 85 85 85 85 85 85 85 85 Quantum 50Total - 85 510 765 935 1,105 1,530 2,125 2,380 2,805 12,240 Quantum 100 1 2 2 3 3 4 4 5 24 Price 110 110 110 110 110 110 110 110 110 110 110 110 Qua ntu m 100 Tota I - 110 220 220 330 330 440 440 550 2,640 14,880 The above table indicates a go live launch date in September, 2016. Following the launch, sales ramp up slowly as AFN refines installation and support techniques. After the first six months, sales ramp up more quickly and by month eighteen level off at about sixty-five customers for the Quantum 50 service and continue to grow slowly for the Quantum 100 service for the remainder of the projection (please see the next table - Five Year Sales Forecast - Quantum Service). This forecast is based on specific cluster of AFN commercial customers who have expressed the real need for a fiber based product. Page 28 of 43 Printed: 09/26/2014 Five Year Sales Forecast Quantum Service (realistic} FY2017 FY2018 FY2019 FY2020 FY2021 5 Year Total Quantum 50 avg 121mo avg 50/mo avg 62/mo avg 65/mo avg 65/mo Sale Price/unit 85 85 85 85 85 Quantum 50 Total 12,240 51,000 63,240 66,300 66,300 $ 259,080 Quantum 100 avg 2/mo avg 6/mo avg 8/mo avg 10/mo avg 12/mo Price 110 110 110 110 110 Quantum 100Total 21640 7,920 10,560 13,200 15,840 $ 50,160 Total 14,880 58,920 73,800 79,500 82,140 309,240 The additional fiber based service is projected to add $309,520 to AFN's revenue over the five year period. As success and revenue allow, the service can be deployed into other commercial/industrial locations. Ultimately this service can provide fiber to the premise where ever revenue allows. The effect on AFN net Revenue projections is illustrated in the Revenue table below. Please note only FY2017 and FY2018 projections appear in the table below Revenue FY2014 FY2015 FY2016 FY2017 FY2018 Tota I High-Speed (fiber based) 199,419 204,404 209,514 229,632 279,041 1,122,010 Internet Service 1,630,416 1,630,416 1,711,936 1,797,533 1,887,410 8,657,711 Ca bl e 99,003 85,018 85,018 85,018 85,018 439,075 Other - - - - - - Total Revenue 1,928,837 1,919,838 2,006,469 2,112,183 2,251,469 10,218,796 Notes: Year FY2014 actual s YearFY2015 budget Years FY2016-2018 are projections Revenue from PON starting in FY2017 The new revenue appears only in FY2017 and FY2018, remaing projected revenues (FY2019-FY2021) do not appear in this table Page 29 of 43 Printed: 09/26/2014 Expenses The effect of the Quantum services on AFN expense projections is illustrated in the table below. The assumptions for Expenses are: • Current budgeted capital investments are reduced in FY2016 -FY2018 to cushion the impact of the PON ($250k) and FY2016 internet ($250k) capital projects o FY2016 $190k down to $50k o FY2017 $126k down to $50k o FY2018 $105k down to $50k • A cost reduction of $200k in fixed costs in FY2016 - FY2018 • Capital investment of $250k for internet capacity in FY2016 • Capital investment of $250k for PON technology in FY2017 Expenses FY2014 FY2015 FY2016 FY2017 FY2018 Total Personnel 648,083 651,600 677,700 704,800 733,000 3,415,183 Operating 881,960 930,402 758,314 787,063 816,675 4,174,414 Debt 409,000 409,000 409,000 409,000 409,000 2,045,000 Capital 103,235 115,000 300,000 300,000 50,000 868,235 Total Expenses` 2,042,278 2,106,002 2,145,014 2,200,863 2,008,675 , 10,502,832 Notes: Year FY2014 actual s Year FY2015 budget Years FY2016-2018 are projections Original Budget Capital Investments reduced in FY16-18 $200,000 Cost Reduction in FY16-18 Capital Investment in internetin FY2016 Capital Investment in PON in FY2017 The difference between Revenue and Expenses is presented below as net income. Net Income (113,441) (186,164) (138,545) (88,680) 242,794 (284,036) Project financial analysis: Payback Period 4.3 years Net Present Value (6% discount; timed from project launch) $19,096 The fiber based Quantum services (PON technology) are recommended and provide a positive return to both the community and AFN. However, there are significant assumptions for the modification/relief of some current expense areas (fixed costs). If these assumptions cannot be met or otherwise mitigated the project should not go forward. Page 30 of 43 Printed: 09/26/2014 Financial Performance and Forecast Performance AFN's financial performance remains below breakeven. The aggressive marketing by the competition, the delayed system upgrades to match competitive services, the lack of new products, and the declining performance in the distribution channels have led to a loss of customers and their associated revenue. While AFN works to bolster income in the traditional business (cable, internet) through more aggressive marketing (ISP and Retail), the outlook is to continue the trend through FY2016. In FY2017, with the help of capital projects and anticipated marketing efforts, the division begins to rise above breakeven. While a new family of services is described in the strategic plan, the financial hurtles for implementation may make the project untenable. Moving forward, the continued lack of new products puts the division in a precarious competitive position five to six years in the future. The chart below shows the Historical financial performance for AFN. Figure 3 - Historical Financial Performance AFN Histroical Performance 2,500 2,000 1,500 Total Revenues 1,000 Total Expenditures 0 Fund Ending Balance = t 500 Excess (500) 2010 2011 2012 2013 2014 Note: Excess = Revenue - Expenditures Page 31 of 43 Printed: 09/26/2014 The following chart illustrates the historical trends within the division's revenue by line of business. Figure 4 - Revenue by Line of Business AFN Revenue by Line of Business 2,500 2,000 - - - - - 1,500 c ca CAN s 1,000 t . High Speed Internet 500 Total 2009 2010 2011 2012 2013 2014 2015 bgt CAN 126,862 109,596 158,523 82,786 105,560 99,003 85,018 High Speed 192,114 195,506 193,378 190,219 186,586 199,419 231,231 Internet 1,486,76 1,512,64 1,592,85 1,658,12 1,603,96 1,630,41 1,690,63 -Total 1,805,74 1,817,74 1,944,75 1,931,12 1,896,10 1,928,83 2,006,88 Note: Change in CAN revenue in 2012 is a result of contract renegotiation in April, 2012 Page 32 of 43 Printed: 09/26/2014 Forecast The following two charts show the four year projections for net revenue and expenses for the division. It is important to note there are no new services in these projections. However, there is a two-hundred fifty thousand dollar investment to increase internet capacity in FY2016. The investment is required to meet projected demand for internet by new and current customers. The internet capacity is required to continue to provide internet as a service (eighty-five percent of revenue in FY2014). The internet project is designed to provide for the increasing bandwidth utilization by our customers and forestall unsustainable pricing from the current supply chain. The following table presents the Revenue projections through FY2018. These projections are based on an expected growth in both the High-Speed and Internet service. This growth is based on a change to more active marketing, and leveraging AFN's local customer support advantage. 'Alok Revenue FY2014 FY2015 FY2016 FY2017 FY2018 Total High-Speed (fiber based) 199,419 204,404 209,514 214,752 220,121 1,048,210 Internet Service 1,630,416 1,630,416 1,711,936 1,797,533 1,887,410 8,657,711 Cable 99,003 85,018 85,018 85,018 85,018 439,075 Other - - - - Total Revenue 1,928,837 1,919,838 2,006,469 2,097,303 2,192,549 10,144,996 Notes: Year FY2014 actuals s YearFY2015 budget j Years FY2016-2018are projections NO Revenue from PON i Page 33 of 43 Printed: 09126/2014 The assumptions for Expenses are: • Current Budgeted capital investments are reduced in FY2016 -FY2018 to cushion the impact of the FY2016 internet ($250k) capital project o FY2016 $190k down to $50k o FY2017 $126k down to $50k o FY2018 $105k down to $50k • A cost reduction of $150k in fixed costs in FY2016 - FY2018 (central services, debt, etc.) • Capital investment of $250k for internet capacity in FY2016 Expenses FY2014 FY2015 FY2016 FY2017 FY2018 Total Personnel 648,083 651,600 677,700 704,800 733,000 3,415,183 Operating 881,960 930,402 808,314 837,063 866,675 4,324,414 Debt 409,000 409,000 409,000 409,000 409,000 2,045,000 Capital 103,235 115,000 300,000 50,000 50,000 618,235 Total Expenses 2,042,278 2,106,002 2,195,014 2,000,863 2,058,675 10,402,832 Notes: Year FY2014 a ctua I s Year FY2015 budget Years FY2016-2018 are projections Original Budget Capital Investments reduced in FY16-18 $150,000 Cost Reduction in FY16-18 3 Capital Investment in internetin FY2016 NO Invesment in PON Net Income (113,441) (186,164) (188,545) 96,440 133,874 (257,836) i Page 34 of 43 Printed: 09/26/2014 The following charts represent analysis of AFN's Expenditures. The first chart shows historical expenditures and the second chart presents the FY2014 actual expenditures. Figure 5 - AFN Expenditure Analysis, Historical AFN Expenditure Analysis 2,500 - 2,000 ■ Personnel ■ Central Services 1,500 c 0 Debt Contribution 0 1,000 ■ Other Materials and Services s ■ Internet 500 Capital Outlay 09290 WIM IN t 2010 2011 2012 2013 2014 Figure 6 - AFN Expenditure Analysis, 2014 AFN 2014 Expenditure Analysis 5% rr 13% d ` 31% ■ Personnel ■ Central Services o " p Debt Contribution 11% x ■ Other Materials and Services ■ Internet Capital Outlay 20% 20% The two charts above present where AFN uses its resources. In FY2014, Personnel, Central Services and Debt Contribution represent seventy-one percent of AFN's expenditures. Combined with the thirteen percent required for Internet, eighty-four percent of expenditures are fixed. Page 35 of 43 Printed: 09/26/2014 Appendix A - AFN Services Analysis - Count and Revenue Figure 7 AFN Services Analysis - Count and Revenue (9W) PaadS/($) a3!Jd 031AJaS 0 o °m 00 0 11 0 0 °v 0 0 0 0 J ~ a z_ Z) M J ~ J w Q Z N m O a GJ > o al a~i ~ ~ a OAS a 7 O V a W w i ~U o . I = > ~ W t0 ° Q z > G LL J c ~ 1 W &A K (Ij 1 L ~ ~ w ~ LL (A ° u Z ' LL w Q u 0 L) U m m r z ~ w u U 0 u A 0 °o a, 00 o ~ o o~ 0 0 0 0 N anuanaa ~g;uno:) iejo1 ;o luaDaad Page 36 of 43 Printed: 09/26/2014 Appendix B - AFN Channel Analysis - Services Distribution by ISP Figure 8 Channel Analysis - Services Distribution by ISP 0 3 v z ~ ° ° EE o Y x v a 2 5 c v o. Z s o E 0 a a ~ = U ■ ■ ■ ■ ■ ~ w a Z m N a Z m O 4- d ~ a .Q ° L ~ Q a VI 0w U ~ L U_ V1 0 y~ O .N S Q u MM _ d t w U Z LL Q u 0 T i u m Z ~ ~ u ~ a O u a° 0 0 0 0 0 0 0 0 0 0 0 o m ao n ~ n a m N Page 37 of 43 Printed: 09/26/2014 Appendix C-Current AFN Rates Structure The following chart is AFN's current flat wholesale rate structure, implemented in January 2011. AFN Fiber Network Products Community Access (No longer promoted) Email Activity Dial Up Alternative Up to 256 Kbps Download / 256 Kbps Upload $9 month Wholesale $9 month AFN Direct Retail Basic (No longer promoted) DSL Alternative for Moderate Internet Users Up to 1.5 Mbps Download/ 256 Kbps Upload $25 month Wholesale $30 month AFN Direct Retail Choice The Most Popular Internet service With 200 GB/month bandwidth usage Up to 5 Mbps Download/ 1 Mbps Upload $28 month Wholesale $35 month AFN Direct Retail Preferred General Media Applications With 2S0 GB/month bandwidth usage Up to 15 Mbps Download/ 3 Mbps Upload $38 month Wholesale $45 month AFN Direct Retail Preferred Plus For Web-based TV and Movie Viewing With 300 GB/month bandwidth usage Up to 15 Mbps Download/ 3 Mbps Upload $45 month Wholesale $55 month AFN Direct Retail Page 38 of 43 Printed: 09/26/2014 Appendix C-Current AFN Rates Structure (continued) Media Online Gaming and General Media Applications With 300 GB/month bandwidth usage Up to 20 Mbps Download/ 5 Mbps Upload $55 month Wholesale $65 month AFN Direct Retail Media Plus Premium Residential Services With 350 GB/month bandwidth usage Up to 20 Mbps Download/ 5 Mbps Upload $65 month Wholesale $75 month AFN Direct Retail Home Office For Home Office Applications Enabling Fast Two-Way File Transfers With 350 GB/month bandwidth usage Up to 10 Mbps Download/ 3 Mbps Upload $53 month Wholesale $65 month AFN Direct Retail Small Business With 500 GB/month bandwidth usage Up to 25 Mbps Download/ 5 Mbps Upload $73 month Wholesale $85 month AFN Direct Retail Small Business Enhanced With 500 GB/month bandwidth usage Up to 25 Mbps Download/ 10 Mbps Upload (Not Available Wholesale) $100 month AFN Direct Retail AFN MAX Home PROMO Implemented June 23, 2014 Charter Alternative With 500 GB/month bandwidth usage Up to 30 Mbps Download/ 5 Mbps Upload $45 month Wholesale $55 month AFN Direct Retail Page 39 of 43 Printed: 09/2612014 Appendix D-Proposed AFN Rates Structure The following chart is AFN's proposed rate structure to be updated with partner input to implement in the near future. AFN Fiber Network Products Internet Essential Low Income Connectivity Assistance With 100 GB/month bandwidth usage Up to 5 Mbps Download / 1 Mbps Upload $9 month Wholesale $9 month AFN Direct Retail Choice Our Most Popular Internet service With 200 GB/month bandwidth usage Up to 7 Mbps Download / 1 Mbps Upload $29 month Wholesale $35 month AFN Direct Retail Preferred General Media Applications With 300 GB/month bandwidth usage Up to 15 Mbps Download/ 3 Mbps Upload $39 month Wholesale $45 month AFN Direct Retail Max Home Online Gaming and General Media Applications With 350 GB/month bandwidth usage Up to 30 Mbps Download/ 5 Mbps Upload $45 month Wholesale $55 month AFN Direct Retail Enterprise Home Office and Small Office Connectivity With 500 GB/month bandwidth usage Up to 50 Mbps Download/ 5 Mbps Upload $80 month Wholesale $85 month AFN Direct Retail Page 40 of 43 Printed: 09/26/2014 Tables and Figures Table 1 - Trends in Connectivity ..........................................................................................................................18 Table 2 - Bandwidth Growth (Fiscal Year End) ..............................................................................................18 Table 3 - Competitive Analysis - AFN Internal Analysis of Strengths and Weaknesses, Competitive Comparison .....................................................................................................................23 Table 4 - Customer Counts by ISP .......................................................................................................................26 Figure 1 - AFN Market Share vs. Market Size ..................................................................................................16 Figure 2 - Market Share of Market Participants (Revenue ...................................................................17 Figure 3 - Historical Financial Performance ....................................................................................................31 Figure 4 - Revenue by Line of Business .............................................................................................................32 Figure 5 - AFN Expenditure Analysis, Historical ............................................................................................35 Figure 6 - AFN Expenditure Analysis, 2014 .....................................................................................................35 Figure 7 - AFN Services Analysis - Count and Revenue ......................................................................36 Figure 8 - Channel Analysis - Services Distribution by ISP ........................................................................37 Page 41 of 43 Printed: 09/26/2014 Endnotes Distribution Channel - distribution channel (aka marketing channel) provides for the delivery of products and services to the end-user or consumer either directly (direct channel) or through intermediaries. Point-of-Presence - location where telecommunication providers offer a connection point to their network and services. The major regional Points-of-Presence are located in: Portland, Seattle, and San Francisco. "last mile" - denotes the final connectivity leg between the telecommunications provider and the final customer or consumer. iv Cloud Based Service - generally described as one of the following services. Software as a Service (SaaS). The capability provided to the consumer is to use the provider's applications running on a cloud infrastructure. The applications are accessible from various client devices through either a thin client interface, such as a web browser (e.g., web-based email), or a program interface. The consumer does not manage or control the underlying cloud infrastructure including network, servers, operating systems, storage, or even individual application capabilities, with the possible exception of limited user-specific application configuration settings. Platform as a Service (PaaS). The capability provided to the consumer is to deploy onto the cloud infrastructure consumer-created or acquired applications created using programming languages, libraries, services, and tools supported by the provider. The consumer does not manage or control the underlying cloud infrastructure including network, servers, operating systems, or storage, but has control over the deployed applications and possibly configuration settings for the application-hosting environment. Infrastructure as a Service (IaaS). The capability provided to the consumer is to provision processing, storage, networks, and other fundamental computing resources where the consumer is able to deploy and run arbitrary software, which can include operating systems and applications. The consumer does not manage or control the underlying cloud infrastructure but has control over operating systems, storage, and deployed applications; and possibly limited control of select networking components (e.g., host firewalls). v IPTV/OTT: Internet Protocol TV (IPTV), Transport and delivery of TV programming via a privately controlled internet protocol network Over the Top (OTT), Transport and delivery of TV programming via the public internet protocol network vi ICT - Information and Communication Technologies, the integration of both computing and communications technologies into consumer goods, "The internet of everything" vi History - edited and updated from Ashland Fiber Network Strategic Business Plan, page 10, August 2010 viii FTTx: Fiber To The x - refers to all possible optical fiber topologies from a telecom or cable carrier to its customers, based on the location of the fiber's termination point FTTH and FTTP (home and premises) the fiber ends inside the home or building FTTC and FTTN (curb and neighborhood) the fiber ends outside the home or building ix Press Release, J.D. Power Reports: Customer Satisfaction is High among Internet Customers Who Upgrade to Premium Speed Offerings To Boost Performance, J.D. Power, McGraw Hill Financial, 26 September 2013 x VLAN: Group of devices on one or more networks that are configured to communicate as if they were attached to the same wire, when in fact they are located on a number of different network segments Page 42 of 43 Printed: 09/26/2014 Xi SOHO - Small Office Home Office, small or home office environment and the business culture that surrounds it Xii Telecommunications Industry Market Research, Introduction to the Telecommunications Industry, Plunkett Research Limited, Available from: <http://www.p]unkettresearch.comltelecommunications-market- research/industry-and-business-data>. [9 September 2014] xill Federal Communications Commission, Statistical Reports, Internet Access Services, 6/14 Release, Local Telephone Competition and Broadband Deployment, pg. 25, Table 7, Available from: https://anns.fcc.gov/edocs 12ublic/attachmatch/DOC-327829A1.pdf. [14 July 2014] xlv VoIP - Voice over Internet Protocol, delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks Xv Wired Business, The Internet is Officially More Popular Than Cable in the U.S., Available from: < http://www.wired.com/2014/08/the-internet-is-now-officially-more-popular-than-cable-in-the-u-s/>, [12 September 2014] Wi Bloomberg News, TV Subscriptions Fall for First Time as Viewers Cut the Cord, Bloomberg, Available from: < httl2://www.bloomberg.com/news/-2014-03-19/u-s-pay-tv-subscriptions-fall-for-first-time-as-streaming- gains.html>, [15 September 2014] xvii Products: Internet - Internet is a communications protocol used to ensure quick addressing/routing and error free delivery of information from source to final destination (especially across multiple networks). Ethernet - Ethernet is a more tightly focused communications protocol used to connect and identify unique physical devices within a single network. Though predating the International Standards Organization's Open Systems Interconnection (OSI) standard model for communication among devices, Internet and Ethernet do support different layers of the OSI model (see table below). (Ethernet - Layer 2; Internet - Layers 3 and 4) OSI Model Examples Application Layer 7 Facilitates ccmmuniation bet»} n Web Application soft-re apli:A- I" Gutlaok IE Data 6 Presentation Layer HTTP Data representation and encryptian 5 Session Layer so Interhoat communicatk-n Segments q Transport Layer Transmission Control End to and oonnecb- and reliability Protocol (TCP) Network Layer Packets 3 Path determination and kgkal Internet Protocol (lP) .61-sing Frames 2 Data Link Layer Ethernet Mec ervJ LLC - Physical adding Bits 1 Physical Layer CATS ledia. sgnal and binary transmisau Page 43 of 43 Printed: 09/26/2014